About 816 Lark Street 5, 6, 7, 8
Exceptional Investment Opportunity - Fully-Occupied Multi-Family Properties!This is your chance to secure a rare, income-producing property with incredible potential. Located in an unincorporated tax district of Fort Walton Beach, Florida, this investment offers valuable tax advantages and added flexibility for future development or management.Comprised of two parcels (816 and 818 Lark St (see MLS#976434)) with a total of four single-story duplexes and 8 individual units. Seven units are two-bedroom, one-bath apartments with a combined kitchen and living area, covered back patios, and washer/dryer hookups. Private parking is available for each unit, enhanced by streetlamp lighting for added safety. Seller only interested in selling both parcels together.One premium unit includes 3 bedrooms, 3 bathrooms, a garage, and a large-screened porch. Additionally, there is an onsite storage/utility shed. This property is fully-occupied ensuring immediate cash flow. Conveniently located just 2 minutes from Eglin AFB and 5 minutes to Hurlburt Field, with top shopping and dining just minutes away. With its multi-family zoning, unincorporated tax district location, and turnkey condition, this property is a true standout. Don't miss out! call today for more details.
Features of 816 Lark Street 5, 6, 7, 8
| MLS® # | 976432 |
|---|---|
| Price | $738,592 |
| Bedrooms | 9 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 3,322 |
| Acres | 0.43 |
| Year Built | 1982 |
| Type | Residential |
| Sub-Type | Attached Single Unit |
| Style | Duplex |
| Status | Active |
| Last Taxes | 4008.72 |
| Last Tax Year | 2024 |
Community Information
| Address | 816 Lark Street 5, 6, 7, 8 |
|---|---|
| Area | Fort Walton Beach |
| Subdivision | FOREST HEIGHTS |
| City | Fort Walton Beach |
| County | Okaloosa |
| State | FL |
| Zip Code | 32547 |
Amenities
| Utilities | Electric, Public Sewer, Public Water |
|---|---|
| Parking Spaces | 1 |
| Parking | Garage Attached, See Remarks |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Floor Tile, Floor WW Carpet |
|---|---|
| Appliances | Refrigerator, Smoke Detector, Stove/Oven Electric |
| Cooling | AC - Central Elect |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior | Brick, Roof Composite Shngl, Trim Wood |
|---|---|
| Exterior Features | Patio Covered, Porch Open, Yard Building |
| Lot Description | Interior, Level |
| Roof | Roof Composite Shngl |
School Information
| Elementary | Kenwood |
|---|---|
| Middle | Pryor |
| High | Choctawhatchee |
Additional Information
| Days on Website | 152 |
|---|---|
| Zoning | Resid Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |